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Lumber revisited
Posted on August 20, 2015 1 Comment
I know nothing about the harvesting techniques of wood/lumber. The post below the two dashed lines is over a year old. These targets were generated from harmonic pattern recognition. Notice, there are NO oscillators, moving averages, bands or anything like that .. just PRICE and TIME. They were all hit … sometimes they work, sometimes […]
$NFLX kicked my ass
Posted on August 14, 2015 Leave a Comment
if you look thru or have been reading my blog you’ll realize that the patterns do fail .. invariably when this occurs I’ll go back to the drawing board and come up w/ another PATTERN. check out WYNN … you never know what’s going to happen and the PATTERNS do fail. manage the risk … […]
most important chart to end 2014 .. revisited in August 2015
Posted on August 13, 2015 Leave a Comment
I felt pretty strongly about this one back at the tip of the year. I still do … here’s what I know – FX is the name of the game. Again, you can watch, talk and also make a lot of money trading the $YELP, $GPRO, $GOOGL, $AAPL, etc of the world but the REAL […]
PATTERN repeat, watch for them at tops and bottoms
Posted on August 13, 2015 Leave a Comment
I’ve blogged a bunch about the power of using technical analysis and ratio analysis. you don’t have to read a 500 page diatribe about the fundamentals (which are important) but you plot A/B and see if it’s going UP or DOWN. UP A is outperforming .. DOWN and A is underperforming. DONE. so as everyone […]
ABX held up nicely, not out of the woods yet
Posted on August 11, 2015 Leave a Comment
today, $ABX held up nicely. looking for a nice bounce from here … $ABX target hit … the press is out and the Gold Bulls are only 13% bullish … the “look and feel” of Gold is that it’s “done” and in a bear market to stay … while stocks […]
$YHOO should find support …”should”
Posted on August 11, 2015 Leave a Comment
the last time we blogged for @seeitmarket about $YHOO we looked for pattern completion around 48-50. http://www.seeitmarket.com/will-yahoo-stock-top-alibaba-ipo-yhoo-13758/ since the highs we’ve corrected roughly 33 percent in the biggest correction since the 2008 lows. today, we finished the first pattern BUY since the top and we also have 34 a little lower. .382 retracement from 2008 lows […]